Listing Details for MLS # TB8350445
15548 1st Street E, Redington Beach, Fl 33708

Residential Property - Single Family Residence in Redington Beach

Listing Price: $439,000Days on Market: 19

Description of Property

Just one block from the beach and near the revitalized downtown Madeira Beach, this property offers an unbeatable opportunity for builders, investors, or anyone looking to create their dream coastal retreat. The existing structure is not salvageable and must be torn down, but the prime location remains unmatched—offering easy access to the sand, stunning Gulf breezes, and endless possibilities. Situated in an area zoned for nightly rentals, this oversized lot provides the perfect foundation for a custom build, whether it's a luxurious beachside escape or a high-yield income property. With strong demand for short-term rentals, this is a rare chance to maximize your investment in a thriving vacation market. Just a short golf cart ride away from the world-famous John's Pass, you'll have access to waterfront dining, shopping, boat rentals, and some of the best fishing in Florida. Plus, you're within walking distance of restaurants, shops, and the beach—making this location truly unbeatable. The property is being sold As-Is, and demolition, removal, or repair will be the buyer's responsibility after closing. The current structure remains to allow buyers to potentially utilize the existing footprint for new construction.The average asking price for a 2 bedroom/1 bath single family residence in this Zip code is $483,775. This single family residence is listed at about 91% of the average asking price. There are 12 2 bedroom/1 bath homes between $300,000 and $500,000 currently listed for sale in this Zip code. See other listings like this one »